FirmaIQ
Org.nr 933 491 048 2012 → 2013 Year-over-year analysis

AGS BATTERISERVICE AS: årsregnskap 2013 vs 2012

Shrank 38% on revenue, cash halved-plus

approved 2014-06-30; registry 2014-09-11; journal 2014 820841

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2013 with 2012 for AGS BATTERISERVICE AS. Revenue 10.47m NOK → 6.49m NOK (-38.0%). Net result +794.4k NOK → +750.0k NOK. Equity 380.5k NOK → 630.5k NOK.

On the constructive side: operating result improved; equity strengthened. Pressures included: revenue fell; net result weakened; cash fell.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for AGS BATTERISERVICE AS.

At a glance

Scorecard

Revenue
10.47m NOK 6.49m NOK
-38.0%
Operating result
+930.3k NOK +1.06m NOK
+13.5%
Net result
+794.4k NOK +750.0k NOK
-5.6%
Equity
380.5k NOK 630.5k NOK
+65.7%
Cash
842.1k NOK 338.7k NOK
-59.8%
Total assets
3.73m NOK 3.38m NOK
-9.3%

What improved

  • ↑

    Operating result improved

    Operating result +930.3k NOK → +1.06m NOK (op. margin 8.9% → 16.3%). Calculated

  • ↑

    Equity strengthened

    Book equity 380.5k NOK → 630.5k NOK (equity ratio 10.2% → 18.6%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 10.47m NOK to 6.49m NOK (-38.0% YoY). Calculated

  • ↓

    Net result weakened

    Net result +794.4k NOK → +750.0k NOK (net margin 7.6% → 11.5%). Calculated

  • ↓

    Cash fell

    Bank deposits 842.1k NOK → 338.7k NOK (-59.8% YoY). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 7 NOK → 94.7k NOK (0% → 1% of revenue). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 8.38m NOK → 4.56m NOK (-45.5% YoY). Calculated